WATERFRONT retreat with limitless potential! The prime location on the East Bay near the tunnel offers unobstructed lake views! The open concept living area with lake views, soaring vaulted beamed ceilings, and a stone fireplace offer endless possibilities for design. With 2 sliders on main level and tons of windows throughout, the lake views become a central feature of the home, creating a seamless flow between indoor and outdoor spaces. The large covered top deck is ideal for enjoying sunsets, and the lower level deck offers a more intimate setting to relax and entertain. The large kitchen and dining area await your creative touch to bring them up to modern standards, with plenty of space to expand and upgrade. The primary suite with private bath provides a peaceful retreat, and the additional bedroom and bath on the main level ensure plenty of space for family or guests. The downstairs family room is a highlight, offering plenty of room for entertainment, relaxation, or a home theater, or a third bedroom with easy access to the deck and backyard. Plus, a huge unfinished area downstairs could be converted into more bedrooms, a larger entertaining, or an ADU since it offers a separate entrance out to the side yard. With a private cul de sac location, this property offers both privacy and convenience. The generous backyard is the perfect canvas for your dream outdoor spacewhether its adding a luxurious pool, pickleball court, or a dock for lake access. There's an attached 2 car garage with a sink & toilet and direct access to the home, and an additional small 1 car garage that provides extra storage or could be used as an office/studio since it has an entrance that leads out to the side deck. There's potential to expand the garage to the front or use it for boat or RV parking. Plenty of storage under the bottom deck that could be opened up to create the ultimate indoor/outdoor entertaining area. Canyon Lake is a gated community with a private lake offering boating, swimming, water skiing, wake boarding, fishing, kayaking, & paddleboarding, an 18 hole golf course, lighted tennis courts, pickleball courts, horse stables, baseball/softball fields, basketball courts, marina, parks, beaches, dog park, pump track, senior center, & a plethora of clubs and activities. Don't miss this rare opportunity to create your dream lakefront property in the perfect location in a picturesque community the home is ready for your vision and personal style.